About Hiland Projects Limited
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Hiland Projects Limited is a public limited company based in Kolkata, West Bengal, India. It operates in the real estate financing segment of the financial services sector. It was incorporated on 24 May 1983 and has been in existence for over 43 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U45400WB1983PLC036343. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹6.07 Lakh. It was formerly known as United Credit Belani Properties Limited. It is led by directors including Tapas Kumar Ghatak and Sumit Dabriwala.
Its last annual general meeting (AGM) was held on 31 October 2025, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 5A Bibhabati Bose Sarani 2nd Floor Woodburn Central, Kolkata, West Bengal, India – 700020.
As per the financials filed for FY 2023, the company reported a revenue of ₹14.36 Lakh, a decline of 96% compared to the previous year. For the same year it recorded a net loss of ₹3.13 Cr and EBITDA of -₹56.86 Lakh (EBITDA margin -396%). Revenue has declined at a compounded annual rate (CAGR) of 54% over three years and 32% over five years.
The company has about 6 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Hiland. As per MCA filings, the company has open charges of ₹20 Cr and satisfied charges of ₹5 Cr on record. Court records list 3 cases involving the company, including 3 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hiland.in.
Company details
CIN history
Hiland Projects has one previous CIN (Corporate Identification Number): U99999WB1983PLC036343. The current CIN is U45400WB1983PLC036343, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45400WB1983PLC036343 | Current |
| U99999WB1983PLC036343 | Previous |
Contact details
Hiland Projects Limited's registered office is in Kolkata, West Bengal. Its website is hiland.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address5A Bibhabati Bose Sarani 2nd Floor Woodburn Central, Kolkata, West Bengal, India – 700020
- IndustryFinancial Services, Real Estate Financing
To see the full contact details of Hiland Projects Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Hiland Projects is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Hiland Projects Limited, buy the company report.
Financials of Hiland Projects Limited
FY 2023 filings availableHiland Projects Limited reported revenue of ₹14.36 Lakh (down 96% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 32% over five years, including a 96% fall in the latest year. EBITDA rose 87% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | -₹56.86 Lakh | ||||
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| Net Profit (PAT) | -₹3.13 Cr | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -396% | ||||
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To see the full financial statements and ratios of Hiland Projects Limited, buy the company report.
Board of directors of Hiland Projects Limited
Hiland Projects has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Tapas Kumar Ghatak | Director | 29 May 2019 | 7 Years 5 Months | Current |
| Sumit Dabriwala Also directs: Belmont Towers LLP, Satyatower Affordables Projects Private Limited, River Apartment Owners Association and 5 more | Director | 28 Aug 2002 | 24 Years 2 Months | Current |
| Nandu Kishinchand Belani Also directs: Belmont Towers LLP, Calcutta Metropolitan Group Limited, Bengal United Credit Belani Housing Limited and 5 more | Director | 10 Jun 2002 | 24 Years 5 Months | Current |
Peer comparison
Hiland Projects Limited is compared with the 3 companies closest to it by revenue in the Real Estate industry (Builders and Developers, Project Management), with the same principal business activity (real estate activities with own or leased property), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Nile Builders Private Limited | ₹14.37 Lakh (FY 2016) | -27.0% | New Delhi, Delhi, India | |||
| Hiland Projects Limitedthis company | ₹14.36 Lakh (FY 2023) | -₹3.13 Cr | -96.0% | Kolkata, West Bengal, India | ||
| Veenavani Aawas Private Limited | ₹14.33 Lakh (FY 2025) | 796217.0% | Kolkata, West Bengal, India | |||
| Aamod Enclave Private Limited | ₹14.33 Lakh (FY 2025) | 868595.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Hiland Projects Limited, buy the company report.
Auditor
Hiland Projects Limited is audited by SINGHI & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SINGHI & CO | FY 2022 | 302049E |
Shareholding
The shareholding of Hiland Projects Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Hiland Projects Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Jul 2018 | 100228753 | Others | ₹20 Cr | Open | |
| 12 Apr 2005 | 90247526 | Calcutta Metro Dolitan Group Ltd. | ₹5 Cr | Satisfied |
To see the full charge records of Hiland Projects Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Hiland Projects Limited has 3 court cases on record: 3 filed by Hiland Projects. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Writ petition | Filed by the company against The State of West Bengal & Anr. | Disposed |
| High Court | Writ petition | Filed by the company against The Kolkata Municipal Corporation & Ors. | Disposed |
| Calcutta High Court | Writ petition | Filed by the company against State of West Bengal & Ors. | Disposed |
To see the full case history of Hiland Projects Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Hiland Projects Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 1 overdue payment to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier |
To see the full MSME payment records of Hiland Projects Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Hiland Projects has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Hiland Projects Limited, buy the company report.
Recent activity
Hiland Projects Limited has 9 board changes on record since 2002: 3 appointments and 6 cessations. The latest: Tapas Kumar Ghatak ceased to be Additional Director on 30 Sep 2019.
3 earlier events are in the company report.
Frequently asked questions
Hiland Projects is an active public limited company based in Kolkata, West Bengal, India. The company works in real estate financing, within the financial services industry. It was incorporated on 24 May 1983 (43+ years old) and is registered under CIN U45400WB1983PLC036343.
Hiland Projects has 3 current directors:
- Tapas Kumar Ghatak - Director
- Sumit Dabriwala - Director
- Nandu Kishinchand Belani - Director
The latest financial statements of Hiland Projects on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 31 October 2025. Year-wise statements from 2015 are in the company report.
No. Hiland Projects has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Hiland Projects is U45400WB1983PLC036343. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hiland Projects has 3 court cases on record: 3 filed by the company.
Hiland Projects was incorporated on 24 May 1983, making it 43+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Hiland Projects by revenue are Nile Builders Private Limited, Veenavani Aawas Private Limited, Aamod Enclave Private Limited, all in the Real Estate industry (Builders and Developers, Project Management), with the same principal business activity (real estate activities with own or leased property).
Tapas Kumar Ghatak ceased to be Additional Director on 30 Sep 2019. Gaurav Belani ceased to be Director on 29 May 2019. Tapas Kumar Ghatak was appointed as Director on 29 May 2019. Hiland Projects has 9 board changes on record in total.
Hiland Projects has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 1 overdue payment to 1 micro and small supplier. The latest return was filed on 24 May 2019.
Hiland Projects can be reached through the website hiland.in. Its registered office is in Kolkata, West Bengal, India.
The registered office of Hiland Projects is at 5A Bibhabati Bose Sarani 2nd Floor Woodburn Central, Kolkata, West Bengal, India – 700020.
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